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Crypto Daybook Americas
Expert Warns of Admin Key Risks After $200 Million Drift Hack
According to Omkar Godbole, the recent exploit of the Drift decentralized exchange on the Solana blockchain highlights the importance of auditing admin keys, not just smart contracts. Omer Goldberg, founder of Chaos Labs, emphasized that the surface area of admin keys can pose significant security risks. The Drift hack resulted in the loss of over $250 million in tokens, after an attacker comprom…
April 2, 2026, 11:15 a.m.
Crypto Daybook Americas
Security Expert Stresses Importance of Auditing Admin Keys After $200 Million Drift Exploit
By Omkar Godbole (All times ET unless indicated otherwise) The SOL token of the programmable blockchain Solana has plummeted to a five-week low following a significant exploit at Drift, one of its largest decentralized exchanges, highlighting that security risks extend beyond smart contracts. Omer Goldberg, founder of Chaos Labs, emphasized the need to audit the admin key's surface area, not ju…
April 2, 2026, 11:15 a.m.
Crypto Daybook Americas
Security Expert Stresses Importance of Auditing Admin Keys Following $200 Million Drift Exploit
According to Omkar Godbole, a significant exploit on the Solana blockchain's Drift decentralized exchange has highlighted the importance of auditing admin keys, not just smart contracts. This incident resulted in a loss of over $250 million in tokens. Omer Goldberg, founder of Chaos Labs, emphasized that the attack was made possible by the compromise of Drift's admin key, which granted the attack…
April 2, 2026, 11:15 a.m.
Crypto Daybook Americas
Expert Warns of Admin Key Vulnerabilities After $200 Million Drift Hack
By Omkar Godbole (All times ET unless indicated otherwise) The SOL token of the Solana programmable blockchain has plummeted to a five-week low following a security breach at Drift, one of its largest decentralized exchanges. This incident highlights that security risks extend beyond smart contracts to administrative keys. According to Omer Goldberg, founder of Chaos Labs, 'When building in DeF…
April 2, 2026, 11:15 a.m.
Crypto Daybook Americas
Expert Stresses Importance of Auditing Admin Keys Following $200 Million Drift Exploit
According to Omkar Godbole, the recent exploit of Drift, a major decentralized exchange on the Solana blockchain, highlights the need to audit admin keys in addition to smart contracts. Omer Goldberg, founder of Chaos Labs, explained that the attacker compromised Drift's admin key, granting them unrestricted control over the system. The attacker created a fake collateral market for a worthless to…
April 2, 2026, 11:15 a.m.
Crypto Daybook Americas
Expert Urges Examination of Admin Keys in Addition to Code Following $200 Million Drift Hack
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April 2, 2026, 11:15 a.m.
Crypto Daybook Americas
Security Expert Stresses Importance of Auditing Admin Keys After $200 Million Drift Hack
According to Omkar Godbole, the recent exploit of Drift, a major decentralized exchange on the Solana blockchain, highlights the need to audit admin keys in addition to smart contracts. The hack resulted in a loss of over $250 million in tokens. Omer Goldberg, founder of Chaos Labs, explained that the attacker compromised Drift's admin key, which granted them unlimited control over the system. Th…
April 2, 2026, 11:15 a.m.
Crypto Daybook Americas
Expert Warns of Admin Key Vulnerabilities After $200 Million Drift Hack
Omkar Godbole reports that Solana's SOL token has plummeted to a five-week low following a security breach at Drift, one of its largest decentralized exchanges. The hack exposed a critical vulnerability that goes beyond smart contract risks. According to Omer Goldberg, founder of Chaos Labs, the attacker exploited Drift's admin key, granting them unrestricted control over the system. This allowed…
April 2, 2026, 11:15 a.m.
Crypto Daybook Americas
Expert Warns of Admin Key Risks After $200 Million Drift Exploit
According to Omkar Godbole, the recent exploit at Drift, a major decentralized exchange on the Solana blockchain, highlights the importance of auditing admin keys, not just code. The Solana token has dropped to a five-week low following the incident. Omer Goldberg, founder of Chaos Labs, explained that the attacker gained control by compromising Drift's admin key, which granted them unlimited pow…
April 2, 2026, 11:15 a.m.
Crypto Daybook Americas
Expert Warns: Don't Just Audit Code, Secure Admin Keys After $200 Million Drift Hack
According to Omkar Godbole, a significant exploit on the Solana blockchain's Drift decentralized exchange highlights the importance of securing admin keys, not just auditing smart contracts. Omer Goldberg, founder of Chaos Labs, emphasized that the attacker gained control by compromising Drift's admin key, allowing them to create a fake collateral market and drain over $250 million in tokens. Thi…
April 2, 2026, 11:15 a.m.